Trading Signals: SRNE Stock Price Prediction and Forecast

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Mon. Jul. 21, 2008

Trading Signals: SRNE Stock Price Prediction and Forecast (Thu. Jan. 25, 2007 - Fri. May. 13, 2022)

(Sorrento Therapeutics, Inc. )
SRNE latest price $25.0000 (0%) ($0.0000 - $0.0000) on Mon. Jul. 21, 2008.

Trend Analysis and Forecast

Average Daily Percentage Swing   8.92% (three month average)
RSI   41
Latest Price   $25.0000(0%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SRNE declines -5% a day on average for past five trading days.
Weekly Trend   SRNE declines -8.1% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SRNE advance at 0% a week (0% probability)
GLD(6%)    LQD(6%)    PCY(2%)    SHY(1%)    USO(1%)
Factors Impacting SRNE price   SRNE will decline at least -4.46% in a week (0% probabilities).
JNK(-11%)    XLY(-8%)    QQQ(-8%)    XOP(-7%)    XLU(-7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -4.46% (StdDev 8.92%)
Hourly BBV 0 ()
Intraday Trend 0%

Resistance Level   $30.95
5 Day Moving Average   $28.5(-12.28%)
10 Day Moving Average   $32.21(-22.38%)
20 Day Moving Average   $30.95(-19.22%)
To recent high   -33.3%
To recent low   0%
Market Cap   $5.796b

Sorrento Therapeutics, Inc. engages in the research, development and manufacture of biopharmaceutical products. It focuses on therapies to treat specific stages in the evolution of cancer, from elimination, to equilibrium and escape which include biosimilars, immuno-oncology antibodies, cellular therapy, cell internalizing antibodies, and antibody drug conjugates. The company was founded by Henry H. Ji in 2006 and is headquartered in San Diego, CA.

June 16, 2020 - SRNE develops solution for Covid19 vaccines, treatment, and testing. But they're all in preclinical stage.

$. SRNE price fluctuates within 15.8% (three month std-dev: 8.92%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20080821

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_21_2008	31.28	30.95	32.21	28.5			25(0%)	DT	HoldShort	-50	-0.7	-23	-10000	-11	-59	0	51%	-0.38	-14	8.92%	0	-1.2	41	0
2	Jul_18_2008	31.4	31.01	33.05	30			25(-16.67%)	DT	OpenShort	-75	-1	-21	-10000	-17	-34	0	51%	-0.41	-14.6	8.92%	0	-1.2	59	0
3	Jul_17_2008	31.53	31.08	33.91	32.5			30(0%)	N/A	N/A	0	-0.5	-5	-10000	-10	10	0	56%	-0.25	-9.9	8.67%	0	-0.2	67	0
4	Jul_16_2008	31.61	31.31	34.23	34			30(-7.69%)	UD	OpenLong	65	-0.8	4	-10000	-10	44	0	56%	-0.22	-1.6	8.67%	0	-0.3	67	0
5	Jul_15_2008	31.68	31.55	34.99	35.5			32.5(0%)	UD	OpenLong	65	-0.6	19	-10000	-6	94	0	56%	-0.16	6.7	8.61%	0	0.2	72	0

6	Jul_14_2008	31.73	31.65	35.05	35.5			32.5(-13.33%)	UD	OpenLong	75	-0.8	33	-10000	0	132	0	56%	-0.19	12.3	8.61%	0	0.2	72	0
7	Jul_11_2008	31.79	31.75	34.43	36.5			37.5(0%)	UT	HoldLong	50	0.2	41	-10000	7	144	0	61%	0	12.3	8.43%	0	1.1	82	0
8	Jul_10_2008	31.79	31.57	33.23	35.5			37.5(0%)	UT	HoldLong	50	0.4	40	-10000	7	137	0	61%	0	6.9	8.43%	0	1.2	82	0
9	Jul_9_2008	31.79	31.39	32.01	35.5			37.5(0%)	UT	HoldLong	50	0.6	25	-10000	0	99	0	61%	0	1.3	8.43%	0	1.2	56	0
10	Jul_8_2008	31.79	31.21	30.75	34.5			37.5(15.38%)	UT	OpenLong	75	0.6	26	-10000	7	83	0	61%	0.19	1.4	8.43%	0	1.3	56	0

11	Jul_7_2008	31.73	31.03	29.47	33.5			32.5(0%)	UD	OpenLong	65	-0.2	21	-10000	11	49	0	57%	-0.5	5	8.22%	0	0.3	49	0
12	Jul_3_2008	31.89	31.13	28.73	32			32.5(0%)	UT	HoldLong	50	0.1	10	-10000	12	5	0	57%	-0.22	5.7	8.16%	0	0.3	49	0
13	Jul_2_2008	31.96	31.23	27.96	30.5			32.5(-13.33%)	N/A	N/A	0	0.4	0	-10000	13	-38	0	57%	-0.25	6.3	8.16%	0	0.3	49	0
14	Jul_1_2008	32.04	31.33	28.08	29			37.5(15.38%)	N/A	N/A	0	1.8	4	-10000	24	-55	0	62%	-0.09	6.9	7.97%	0	1.3	57	0
15	Jun_30_2008	32.07	31.15	27.65	26.5			32.5(30%)	DP	OpenShort	-65	1.3	-12	-10000	16	-95	0	58%	-0.22	1.8	7.69%	0	0.3	47	0

16	Jun_27_2008	32.14	30.8	27.77	26.5			25(0%)	DT	HoldShort	-50	0	-34	-10000	0	-137	0	44%	-0.5	-6.6	6.73%	0	-1.2	0	0
17	Jun_26_2008	32.3	30.87	28.74	26.5			25(0%)	DT	HoldShort	-50	0	-34	-10000	0	-136	0	44%	-0.46	-6.6	6.73%	0	-1.2	0	0
18	Jun_25_2008	32.45	30.93	29.73	25			25(0%)	DT	HoldShort	-50	0	-52	-10000	-22	-143	0	44%	-0.46	-6.6	6.73%	0	-1.2	0	0
19	Jun_24_2008	32.6	31	30.74	27			25(0%)	DT	HoldShort	-50	-0.4	-45	-10000	-21	-117	0	44%	-0.49	4.6	6.73%	0	-1.2	0	0
20	Jun_23_2008	32.76	31.07	31.77	29			25(0%)	DT	HoldShort	-50	-0.8	-37	-10000	-19	-90	0	44%	-0.46	16.6	6.73%	0	-1.2	0	0

21	Jun_20_2008	32.91	31.13	32.82	31			25(0%)	DT	HoldShort	-50	-1.2	-24	-10000	-18	-40	0	44%	-0.45	29	6.79%	0	-1.3	65	0
22	Jun_19_2008	33.06	31.2	33.9	33			25(-28.57%)	N/A	N/A	0	-1.6	-10	-10000	-17	13	0	44%	-0.45	42.1	6.79%	0	-1.3	65	0
23	Jun_18_2008	33.21	31.27	33.9	33			35(0%)	UD	OpenLong	65	0	22	-10000	0	89	0	63%	-0.09	55.8	5.77%	0	0.8	0	0
24	Jun_17_2008	33.24	30.77	33.9	33			35(0%)	UD	OpenLong	65	0	31	-10000	0	124	0	63%	-0.09	55.7	5.77%	0	0.9	0	0
25	Jun_16_2008	33.27	30.28	35	35			35(0%)	UD	OpenLong	65	0	41	-10000	0	162	0	63%		56.1	5.77%	0	0.9	0	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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